Analysis Of Nigerian Real Estate Industry

ANALYSIS OF THE NIGERIAN REAL ESTATE INDUSTRY & environs interpretation of Industry As a pre-requisite ,an insightful knowledgeand misgiving of the external and inner(a) environment of the organization is required for a passenger car to stratagem a strategy that is fit to the organisation situation. I am a holding run professional providing property services solutions to clients on a whole range of issues. It is then ratiocinative that for the purposes of this assignment my affect should be intimately the Nigerian true commonwealth industry and free-enterprise(a) environment. Oxford Advanced disciple’s Dictionary defines ‘industry’ as ‘’the masses and activities mixed in producing a particular thing or in providing a particular service’’ ( Horby;2000). From this definition therefore my concern about the objective estate industry has to do with people (property professionals, financial institutions, original estate de velopers, regulatory authorities, buyers and sellers of sure estate) and activities (financing, real estate acquisition and disposal, conveyance of real estate, development allowance and checker and facility management) Thompson, Strickland Gamble(2008) suggested a-7-way approach to gaining an understanding of an industry. The 7-way test includes the followers; 1) An examen of the industry’s dominant features. 2) Profiling of the competitory forces.

3) An estimation of the driving forces of change and their relative impacts on competitive and lucrativeness (industry architecture) 4) A determina tion of the market positions of rivals. 5) ! A prediction of the seeming moves of rivals. 6) An ascertainment of the key factors for future success (long term thinking) 7) Ganging the industry outlook. I intend to adopt this 7-way test/model to analyze the real estate industry and competitive environment in Nigeria. 1.1. preponderant FEATURES In 2006 Nigerian building,...If you want to get a love life essay, order it on our website: OrderCustomPaper.com

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